Plan Ledger DOL Form 5500 · updated monthly

Eastern Industrial Supplies, Inc.401(k)

EASTERN INDUSTRIAL SUPPLIES, INC. 401K PROFIT SHARING PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.22%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Eastern Industrial Supplies, Inc. reported $92,958 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $4,005 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.26% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 128th-largest of 807 plans among South Carolina employers on file, and the 894th of 4,246 in wholesale trade. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 340 to 403 since 2022.

Plan summary
Net assets, end of year$46,274,472
Participants with balances450
Active participants403
Employer contributions$1,614,162
Employee contributions$2,388,579
Employer contribution per active participant$4,005
Average account balance$102,832
Benefits paid to participants$2,103,587
Plan auditUnmodified (clean) audit opinion
AuditorCHERRY BEAKERT LLP
Plan history3
Yearassets · accounts · employer contribution
2024$46.3M · 450 accts · $1.6M emplr
2023$39.2M · 443 accts · $1.4M emplr
2022$32.0M · 420 accts · $1.3M emplr
The Eastern Industrial Supplies, Inc. 401(k) match · 2024
Employer contribution per active participant$4,005
Median for plans this size$2,416
2024$4,005 per active participant
2023$3,681 per active participant
2022$3,748 per active participant

Eastern Industrial Supplies, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$49,759
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$35,000
CHERRY BEKAERT, LLP · Accounting / audit$10,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$92,958 · 0.22%
2023$84,951 · 0.24%
2022$88,454 · 0.26%
Same employer
Similar plansWholesale Trade · South Carolina
Scansource, Inc. SC$225.4M · 0.09%
Cregger Company, Inc. SC$53.6M · 0.11%
Le Creuset of America, Inc. SC$27.2M · 0.58%
Gerber Childrenswear LLC SC$21.8M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570699126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.